Amazon Finally Closes on One Medical Purchase

Amazon’s nearly $4 billion investment to advance its health care strategy by acquiring primary care provider One Medical has closed, ending questions about whether the Federal Trade Commission (FTC) would file a lawsuit to stop the sale.

But while the FTC missed its window to sue, antitrust enforcers will continue their investigation into the merger, according to media reports.

For more on Amazon’s health care strategy as well as other companies such as CVS Health, Walgreens Boots Alliance and Walmart, check out Market Scan’s Health Care Disruption 2023 Outlook report.